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Barchart
Barchart
Rich Asplund

Arabica Coffee Gives Up its Gains on Rising ICE Inventories

March arabica coffee (KCH25) Monday closed down -0.05 (-0.02%), and March ICE robusta coffee (RMH25) closed up +16 (+0.32%).

Coffee prices on Monday settled mixed.  Arabica coffee shed an early advance and settled slightly lower on the increase in supplies after ICE-monitored arabica coffee inventories rose to a 2-1/2 year high of 993,562 bags.

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